Mistakes Business Owners Make and How to Avoid Them
August 20, 2019
Hosted by Candy Messer
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Episode Description
An entrepreneur starts a business for any number of reasons. Sometimes they have been laid off and want to try their hand at owning their own business, some have a hobby they turn into products or services they sell, and some see it as freedom to be their own boss. But no matter what the impetus for starting their own company, many make numerous mistakes. Most of these errors can have a material impact on the financial success of the business. American author Norman Ralph Augustine stated, “Regulations grow at the same rate as weeds,” and if you have been in business for any length of time, I am sure you have found this to be true. There are so many things that must be followed from your local city ordinances to state rules, to federal laws. This episode will give you information on some of the top mistakes and how to avoid them so not to be charged penalties for non-compliance. Understanding the mistakes that can be made and how to avoid them will help you be a success!
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Our show is education-based to give information to entrepreneurs to help them know the rules and regulations that need to be followed to help them avoid penalties and keep them in compliance. It also offers tips for success in various areas including marketing, website design, budgeting, understanding information on financial reports and more.
By listening to this program, you will learn about specific regulations in the areas of business licenses, payroll, sales tax (for online and brick and mortal sellers), 1099 processing and other compliance tasks. You will also hear tips from experts to help you manage and grow your business to be more profitable.
Topics will include labor law updates, creating systems and processes, building a team, understanding the differences, features and benefits of desktop versus cloud based software, creating a marketing plan, and other important topics for entrepreneurs.
Candy Messer
Candy Messer is President of Affordable Bookkeeping and Payroll Services. She offers entrepreneurs customized services to meet their varying needs including bookkeeping, payroll, QuickBooks consulting and bill pay services. With more than 20 years of experience, Candy understands the stresses business owners face. By removing the burden of the financial tasks, she gives them peace of mind and the freedom to do what they love.
Candy is co-author of “Business Success With Ease” released in 2013 and “Navigating Entrepreneurship” released in 2014 and was an expert writer for Today’s Innovative Woman and Thriving Women in Business magazines.
Candy was named 2010 Woman of the Year by the Peninsula ABWA, 2011 Entrepreneur Mom of the Year by Today’s Innovative Woman Magazine, and 2012 El Camino Foundation Distinguished Alumni. Affordable Bookkeeping and Payroll was named 2016 Small Business of the Year by the Torrance Chamber and Intuit’s (creator of QuickBooks software) 2016 Firm of the Future.
Candy also serves as President of the South Bay Business Women’s Association. She is married with two grown children, a grandson, and lives in California. When not running her company or the association, Candy enjoys reading, crocheting, logic puzzles and spending time with friends.
